AST SpaceMobile (NASDAQ:ASTS) Shares Up 4.6% – Time to Buy?

16 Apr 2026, 17:12 by Jessica Moore · The Cerbat Gem

AST SpaceMobile, Inc. (NASDAQ:ASTS – Get Free Report)’s stock price shot up 4.6% during mid-day trading on Thursday . The stock traded as high as $91.10 and last traded at $90.94. 17,869,253 shares were traded during trading, an increase of 19% from the average session volume of 14,957,136 shares. The stock had previously closed at $86.91.

AST SpaceMobile News Roundup

Here are the key news stories impacting AST SpaceMobile this week:

Positive Sentiment: Seeking Alpha highlights strong fundamentals: FY25 revenue of $70.9M, guidance to $150–$200M in FY26 and a path to $1B by FY27, plus a $1.2B contracted backlog, a $175M prepayment from STC Group and $3.9B in liquidity that reduces dilution and funds satellite deployment — a key reason investors are bullish on ASTS. AST SpaceMobile: From Cash Burn To Dominance
Positive Sentiment: Some outlets report shares climbing as the market digests Amazon’s Globalstar announcement — investors appear to be re‑rating ASTS on the view that the space/LEO connectivity market expansion could lift multiple players. AST SpaceMobile shares climb as investors digest Amazon’s Globalstar deal
Neutral Sentiment: Analysis pieces note broad market strength and rising interest in growth names with insider ownership and address how ASTS’s run (one‑year surge) raises valuation/positioning questions for new buyers — useful context but not an immediate catalyst. Top Growth Companies With Strong Insider Ownership In April 2026
Negative Sentiment: Benzinga and other outlets caution that Amazon’s Globalstar acquisition brings a well‑capitalized competitor into the smartphone‑to‑satellite race, which can pressure ASTS’s future market share and margins. Why AST SpaceMobile Stock Is Retreating After Amazon’s Globalstar Deal
Negative Sentiment: Reports on program delays and regulatory/competitive noise — including an MSN piece about an FCC official flagging a new “three‑way” race and BlueBird schedule issues — have pressured sentiment and prompted earlier selling. ASTS stock hits turbulence: FCC chief flags new ‘three-way’ race, BlueBird delay weighs on lift-off plans
Negative Sentiment: MarketBeat/Zacks noted a recent pullback (prior session decline) as some traders locked in gains after a large one‑year run — suggests volatility and profit‑taking risk remain. AST SpaceMobile, Inc. (ASTS) Stock Declines While Market Improves

Analysts Set New Price Targets

A number of analysts recently issued reports on ASTS shares. Scotiabank lowered AST SpaceMobile from a “sector perform” rating to a “sector underperform” rating and set a $45.60 price target for the company. in a report on Wednesday, January 7th. B. Riley Financial lowered their price target on AST SpaceMobile from $105.00 to $95.00 and set a “neutral” rating for the company in a report on Friday, February 13th. Weiss Ratings reiterated a “sell (d-)” rating on shares of AST SpaceMobile in a report on Friday, March 27th. Wall Street Zen lowered AST SpaceMobile from a “sell” rating to a “strong sell” rating in a report on Wednesday. Finally, Zacks Research upgraded AST SpaceMobile from a “strong sell” rating to a “hold” rating in a report on Wednesday, March 4th. Two investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Reduce” and an average target price of $77.10.

Check Out Our Latest Analysis on ASTS

AST SpaceMobile Stock Performance

The business has a 50-day moving average price of $89.27 and a 200-day moving average price of $82.79. The firm has a market capitalization of $34.74 billion, a price-to-earnings ratio of -68.89 and a beta of 2.81. The company has a quick ratio of 16.27, a current ratio of 16.35 and a debt-to-equity ratio of 0.92.

AST SpaceMobile (NASDAQ:ASTS – Get Free Report) last released its earnings results on Monday, March 2nd. The company reported ($0.26) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.18) by ($0.08). AST SpaceMobile had a negative net margin of 482.16% and a negative return on equity of 23.02%. The firm had revenue of $54.31 million during the quarter, compared to analyst estimates of $39.53 million. AST SpaceMobile’s revenue for the quarter was up 2731.3% on a year-over-year basis. As a group, sell-side analysts forecast that AST SpaceMobile, Inc. will post -0.4 earnings per share for the current year.

Insider Activity

In related news, CTO Huiwen Yao sold 40,000 shares of the company’s stock in a transaction on Monday, March 23rd. The stock was sold at an average price of $88.88, for a total value of $3,555,200.00. Following the transaction, the chief technology officer directly owned 4,750 shares of the company’s stock, valued at $422,180. This represents a 89.39% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 30.90% of the stock is currently owned by insiders.

Institutional Investors Weigh In On AST SpaceMobile

Several hedge funds have recently added to or reduced their stakes in ASTS. REAP Financial Group LLC purchased a new stake in AST SpaceMobile in the third quarter valued at $25,000. Crewe Advisors LLC purchased a new stake in AST SpaceMobile in the fourth quarter valued at $25,000. Laurel Wealth Advisors LLC purchased a new stake in AST SpaceMobile in the fourth quarter valued at $25,000. Byrne Asset Management LLC purchased a new stake in AST SpaceMobile in the fourth quarter valued at $29,000. Finally, Acumen Wealth Advisors LLC purchased a new stake in AST SpaceMobile in the fourth quarter valued at $29,000. 60.95% of the stock is owned by hedge funds and other institutional investors.

About AST SpaceMobile

(Get Free Report)

AST SpaceMobile is a U.S.-based aerospace company developing a space-based cellular broadband network designed to connect standard mobile phones and other devices directly to satellites. The company’s core proposition is “space-to-cell” service: operating a constellation of low-Earth-orbit (LEO) satellites equipped with large, high-power phased-array antennas to provide wide-area mobile broadband without requiring users to buy specialized terminals or handset modifications.

AST SpaceMobile designs, builds and operates satellite payloads and supporting ground infrastructure.